Question

let the production function of firm be Q=5 1/2 K1/2.​

Answer 1

Answer:

Hey Mate !

Q = 5L1/2K1/2 ....Equation (1)

L = 100 units of labour

K = 100 units of capital

Putting these values in equation (1)

Q = (100)1/2(100)1/2

= 5(10)(10)

=500 units

Thus, the maximum possible output that he firm can produce is 500 units.

Explanation:

Hope it helps u

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